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Elephant Edge by Signal Algo

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**Elephant Edge** is a powerful trading indicator built to simplify decision-making for both swing and intraday traders. It blends precision with clarity, helping you identify potential buy and sell opportunities with confidence. Session Levels Predictor+ plots upper and lower percentile levels based on session data, helping traders identify potential support and resistance zones with precision. It automatically calculates percentile-based projections from intraday sessions and marks them with clean, customizable lines. Ideal for intraday and short-term traders looking for statistical price ranges.

For **swing traders**, Elephant Edge pinpoints market turning points and trend directions—empowering you to capture larger moves and ride momentum effectively. For **intraday traders**, it delivers clearly defined buy and sell levels, offering actionable entry and exit points throughout the trading day.

Whether you’re targeting short-term opportunities or holding positions across multiple sessions, Elephant Edge provides a structured and disciplined trading approach. Its intelligently designed signals filter out market noise, giving you a dependable edge while keeping emotions out of the equation.

With **Elephant Edge**, you don’t just react to the market—you trade with **clarity, confidence, and consistency**.
版本注释
🎯 Hammer + Percentile Reversal Strategy — New Update
🔥 How It Works
1️⃣ Bearish Reversal Setup (Sell Signal)
A Bearish Hammer (long upper wick) forms touching / rejecting the Upper Percentile line
Price then breaks the LOW of that hammer candle
👉 Entry: Enter short when hammer’s low breaks.
👉 Logic: The long upper wick shows rejection from the percentile resistance, confirming sellers stepped in.

2️⃣ Bullish Reversal Setup (Buy Signal)
A Bullish Hammer (long lower wick) forms touching / rejecting the Lower Percentile line
Price then breaks the HIGH of that hammer candle
👉 Entry:Enter long when hammer’s high breaks.
👉 Logic:The long lower wick shows absorption + rejection from percentile support, confirming buyers stepped in.

🧠 Why This Works?
Percentile levels already show where price has historically stretched before reversing.
Hammer candles add precise price-action confirmation showing real-time rejection.

Together, they create a high-probability reversal system:

✔ Percentile = Market Structure
✔ Hammer = Price Action Confirmation
✔ Break of high/low = Trigger

This avoids premature entries and improves accuracy significantly.
版本注释
Hammer Condition Remove to Clean Chart
版本注释
Added solid filled support and resistance zones between levels for improved visual clarity. No changes to existing logic or calculations.
版本注释
levels are now session-fixed and extend till day end, removing price-following behavior and improving clarity and reliability.
版本注释
Daily Pivot Line Fixed

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